IEC - Israel Electric Corporation חברת החשמל לישראל בע"מ
Appliances, Electrical, and Electronics ManufacturingHaifa, Israel1001-5000 Employees
The Israel Electric Corporation (IEC) is a government-owned public company in Israel, with the government holding the majority of its shares and the company’s stock traded on the Tel-Aviv and Singapore stock exchanges. IEC operates in the electricity sector, performing generation, transmission, transformation, distribution, supply, and sale of electricity. The company is headquartered at 1 Nativ Haor Street, Haifa, Israel. As of December 31, 2022, IEC employed 10,716 workers and provided service to about 3 million customers. IEC owns and operates 15 power stations with 50 generating units and an installed capacity of 10,955 MW. Recent modernization initiatives include a collaboration with Kronos Utility Group to automate installation tasks on transmission lines, including aviation warning balls on cables.